Invest in Ventspils 2011

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Invest in Ventspils 2011

  1. 1. Ventspils – a City for Business and Recreation A City of Tomorrow! www.Ventspils.lv www.investinventspils.lv
  2. 2. • State of art passanger terminal• Air-taxi and charter flights• Distance from Ventspils 180km• More than 60 daily flights toworld-wide destinations
  3. 3. • Lattelecom optical cable from Ventspils to Stockholm with acapacity of 10 Gbps• Baltic Fiber optical cable Ventspils – Gothland – Stockholm: • Constructed in 2002 is the newest cable in the Baltic Sea • Consists of 68 fibers (manufac- tured by Ericsson) • Present theoretical capacity from 10 to 40 Gigabit/sec each fiber • Used capacity is 5 Gigabit/sec • The cable has 0% damage rate and the operator guarantees a 99.7% availability of an international IP transit service
  4. 4. BQS -best quality systems by countries, 2009
  5. 5. Corporate Income tax in EU (%)in 2010
  6. 6. Field of specialization Number of students (2010)Business Administration and Bachelor level: 500Management Master level: 60 Scientific Dr.level: 20Information technologies Bachelor level: 150 Master level: 35Translation studies (English, Bachelor level: 220German, Russian) Master level: 85Engineering (Electronics, Power Bachelor level: 90and electrical engineering)Law Bachelor level: 80
  7. 7. Ventspils Professional high-schoolVentspils Professional school provides middle level education in followingfields:• Metalworking (engineering technician, welder (TIG) (MMA),metalworking machinery mechanic, milling, turning, locksmith,CNC technician)• Energy (electrician)• Electronics (soldering, telecom technician)• Automotive (mechanics, car mechanician, mechatronics)• Tourism services (catering, cook)• Business administration (accounting)
  8. 8. Plastic parts prototyping (directprinting byABS and other materials) lab
  9. 9. 2002 2003 2004 2005 2006 2007 2008 2009Transport and n/a 4234 4899 4401 4210 4088 3831 3517communications incl. Port terminals 2799 2544 2734 2731 2616 2592 2382 2068Manufacturing 1185 1199 1579 1756 1697 1753 1750 1995companies Total number of working places in Ventspils ~17.000 Since 2002: • ~20 new (foreign and domestic) manufacturing companies have been attracted to Ventspils. • ~650 new jobs have been created in the attracted companies. By reaching the planned capacity the companies would employ ~1900 people. • 3 new port terminals have been established •~ 200 jobs have been created in newly established terminals • Port authority has invested more than 90 million euro in port development projects. More than 20 million euro was attracted from EU funds. Private companies have invested in port area more than 260 million euro.
  10. 10. More than 1000 ha available for further development
  11. 11. 1Location No.1 in the Ventspils High Technology Park (VHTP):• Greenfield area ~4ha, with a possibility to extend• Connections to comunal infrastructure (water, sewerage, municipal heating, electricity, telecom and internet) availableon the border of the site• Available SEZ status• Negotiable municipal/port authority investments into public infrastructure, like outside parking and logistics area,communications from the site border till building, outside gardening, fencing etc.• Possibility to use the VHTP Business Incubator and its business start-up support programmes.
  12. 12. Costs of the land: Rent = 0,25% from cadastral value of the land per year = 0,025 Euro for sq.m for year Land tax = 1,5% from cadastral value of the land per year = 0,15 Euro for sq.m for year = in case of the SEZ status only 20% of total amountBasic rules of the Land lease contract:• Duration of the lease agreement 45 years with a possibility atthe end of the period to prolong it to another 45 years on thesame rules and conditions• First refusal rights for the client• General attitude: open for discussion to hear client’srequirements and wishes to be implemented into the agreement
  13. 13. VHTP: TECHNOLOGY PARK 30 ha TERRITORY IN SPECIAL ECONOMICZONE – TAX REDUCTIONS ANDINVESTMENT INCENTIVES SPECIALISATION: PRODUCTION ANDSERVICES IN HIGH TECHNOLOGYBRANCHES – IT, E&E, MACHINEENGINEERING SPACE TECHNOLOGIES CLUSTERING WITH ASSOCIATIONS,EDUCATIONAL AND SCIENTIFICINSTITUTIONS, MUNICIPAL INSTITUTIONSAND OTHER PARTNERS
  14. 14. VENTSPILS HIGH TECHNOLOGY PARK services Business Incubator (1300m2 , 35 companies) Technology Park (3200m2, 6 companies)1. Legal address and support to start a business in Latvia 1. Technical design and construction of premises2. Infrastructure (premises, office equipment, access to 2. Renting office and production premiseslaboratories) 3. Acess to laboratories/ projects with research3. Front desk and secretariat institutions 4. Organisation of training programmes for engineers/4. Consultancy services: technicians - Marketing services 5. Consultancy services: - Assistance with initial team building/ local - Capital attraction services headhunting - Local headhunting - Development projects - Development and testing of the first technologies/ - Networking products Age of the < 1 year 1-2 years 2-3 years 3-4 years company Financial support rate in the business Up to 85% Up to 60% Up to 40% Up to 10% incubator
  15. 15. Overall Freezones of the Future 2010/11 Name of Economic Zone Country 1 Shanghai Waigaoqiao Free Trade Zone China 2 Dubai Airport Free Zone United Arab Emirates 3 San Luis Potosi Mexico 4 Aqaba Special Economic Zone (ASEZ) Jordan 5 Free Port of Ventspils Latvia ... No other European zones within top 10 Best Port Zone Best Cost Effectiveness Name of Economic Zone CountryName of Economic Zone Country 1 Shanghai Waigaoqiao Free Trade Zone China1 Clark Freeport Philippines 2 Tanger Free Zone Morocco2 Togo Export Processing Zone Togo 3 Jaxport FTZ #64 USA3 Chittagong Export Processing Zone Bangalore 4 Baltimore Foreign Trade Zone #74 USA4 Free Port of Ventspils Latvia 5 Free Port of Ventspils Latvia Best Promotion Name of Economic Zone Country 1 Dubai Media City United Arab Emirates 2 Dubai Airport Free Zone United Arab Emirates 3 Dubai Knowledge Village United Arab Emirates 4 Dubai Biotechnology and Research Park- DuBiotech United Arab Emirates 5 Dubai Studio City United Arab Emirates 6 Lodz Special Economic Zone Poland 7 Free Port of Ventspils Latvia
  16. 16. Igors Udodovs Phone.: +371 636 02334 Mob. phone. +371 29107398 E-mail: igors.udodovs@vbp.lv www.portofventspils.lvwww.investinventspils.lv

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